Treasury Gives Back $115 MILLION Owed Back To Virginia

Submitted by simon, on June 6th, 2013

Feds to release funds to Va. after Cuccinelli complaints

After eight months of waiting, the Department of the Treasury on Wednesday agreed to release in excess of $100 million owed to Virginia for its role as lead investigator in a $1.5 billion court-approved Medicaid Fraud settlement with Abbott Pharmaceuticals.

Officials in the office of Virginia Attorney General Ken Cuccinelli said the office expects to receive $115 million of the $125 million it says it is owed from the settlement.

The new Cuccinelli, the Republican front-runner in the Virginia governor’s race, is more likely these days to be calling for job growth and education reform than to be railing against abortion and gay marriage.

But the old Cuccinelli, the attorney general who crusaded for conservative values, keeps cropping up, offering a steady stream of fodder for opponents determined to frame him as a right-wing ideologue.